Net Asset Value(s)

NET ASSET VALUE

BLACKROCK INCOME STRATEGIES TRUST PLC

The unaudited net asset values for BlackRock Income Strategies 
Trust PLC at close of business on 4 December 2015 were:

138.85p  Capital only and including debt at par value 
133.71p  Capital only and including debt at fair value 
141.14p  Including current year income and debt at par value 
136.00p  Including current year income and debt at fair value 

Notes:

1.        Investments have been valued on a bid price basis.
2.        Following the issue of shares of 200,000 ordinary shares 
on 20 October 2015, the Company has 274,637,282 ordinary shares in issue,
excluding 16,475,000 which are held in treasury.
3.        Revenue items included in net asset value, with dividends payable 
deducted on the ex-dividend date.
4.        The unaudited NAV above has been calculated on the basis of 
274,637,282 Ordinary Shares in issue.